Skip to content
Saturday, June 28, 2025
  • [email protected]
  • Contact Us
  • Advertise with us
  • Donation
  • Log In
Up18 News

Up18 News

उत्तर प्रदेश, उत्तराखंड, HINDI NEWS, NEWS IN HINDI

  • Exclusive
    • Cover Story
    • अन्तर्द्वन्द
  • INTERNATIONAL
  • National
  • Regional
    • City/ state
    • Crime
    • स्थानीय समाचार
    • विविध
  • Politics
  • Business
    • Business News
  • SPORTS
  • Entertainment
    • Multifarious
    • art/culture
    • Film/music/tv
  • Health
    • Life Style
  • Career/Jobs
    • Education
    • Technology

Bank of Baroda Introduces the BOB Parivar Account for Savings and Current Accounts

Business News City/ state
December 7, 2023December 7, 2023up18news

Mumbai (Maharashtra) [India], December 7: Bank of Baroda (Bank), one of India’s leading public sector banks, announced the introduction of the BOB Parivar Account for Savings and Current Accounts. The ‘My Family, My Bank’ segment, which has been launched as a part of the Bank’s “BOB Ke Sang Tyohaar Ki Umang” festive campaign, groups all the bank accounts belonging to members of a single family under One Family. While each account will be operated independently by the primary account holder, the maintenance of quarterly average balance (QAB) is recorded at the Group/ Family level, eliminating the need to maintain QAB in every single account.

Further, it gives each family member access to an array of benefits during the festive period due to the overall enhanced relationship. The BOB Parivar facility is open to both new and existing customers.

The BOB Parivar Account can comprise of a minimum of two and a maximum of six members. Eligible family members for the BOB Parivar Savings Account segment include the spouse, parents, children, parents-in-law, daughter-in-law and/or son-in-law. The BOB Parivar Current Account Segment is open to proprietorship, partnership, LLP and Pvt. Ltd. companies, which are group companies or sister concerns.

Both the BOB Parivar Savings Account and the BOB Parivar Current Account segments come in three distinct variants – Diamond, Gold and Silver – with varying Pooled Quarterly Average Balance (PQAB) requirements (For Savings Accounts – Diamond: Rs 5 lakh & above; Gold: Rs 2 lakh & above; Silver: Rs 50,000 & above; For Current Accounts – Diamond: Rs 10 lakh & above; Gold: Rs 5 lakh & above; Silver: Rs 2 lakh and above) and associated benefits.

Speaking on the occasion, Shri Ravindra Singh Negi, Chief General Manager – Retail Liabilities & NRI Business, Bank of Baroda said, “We are delighted to introduce the BOB Parivar Account for our Savings and Current Account holders. By grouping together individual accounts of a single family or associated companies, our customers will be greatly rewarded with superior benefits, which are normally provided in accounts maintaining higher balances. In the BOB Parivar Account segment, all individual family members will gain from the overall balances maintained together. Here there is no requirement to maintain individual Quarterly Average Balance for each account, thus enhancing the overall banking experience. As a bank with a 115 year history, we are privileged to have generations from the same family bank with us and the ‘My Family, My Bank’ concept will further strengthen and deepen their relationship with Bank of Baroda.”

Benefits of the BOB Parivar Account:

  • Concessional Interest Rates on Retail Loans for Saving Accountholders
  • Waiver of Processing Charges on Retail Loans (excluding TCR/Valuation Charges)
  • Concession in Locker Rent Charges
  • Concession in Demat AMC
  • Concession in manual NEFT/RTGS charges (Digital is 100% Free)
  • Complete waiver of DD/PO Charges
  • Concession in Cheque Book charges
  • Waiver of charges on collection of Outstation Cheques (Only Postage & Out of Pocket expenses are payable for Collection of Outstation Cheques)
  • Complimentary SMS/Email Alerts and Standing instructions

For details on ‘My Family, My Bank’ and to avail this facility, click on Baroda Family Savings Account Segment and Baroda Family Current Account Segment or visit the nearest Bank of Baroda branch.

About Bank of Baroda

Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in India. At 63.97% stake, it is majorly owned by the Government of India. The Bank serves its global customer base of ~165 million through over 70,000 touch points spread across 17 countries in five continents and through its various digital banking platforms, which provide all banking products and services in a seamless and hassle-free manner. The Bank’s vision matches the aspirations of its diverse clientele base and seeks to instil a sense of trust and security in all their dealings with the Bank.

Visit us at www.bankofbaroda.in

Facebook: https://www.facebook.com/bankofbaroda/

Twitter: https://twitter.com/bankofbaroda

Instagram: https://www.instagram.com/officialbankofbaroda/

Youtube: https://www.youtube.com/channel/UCdf14FHPLt7omkE9CmyrVHA

LinkedIn: https://www.linkedin.com/company/bankofbaroda/

For media queries, please contact:

Bank of Baroda: Phiroza Choksi | +91 9820363681 | [email protected]

Perfect Relations: Sneha Joshi | +91 9833004482 | [email protected]

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Tagged Bank of BarodaBOB Parivar AccountShri Ravindra Singh Negi

Post navigation

Vikas Prajapat Begins Pre-Production for Romantic Love Story in Uttarakhand
यूपी में आधा दर्जन IAS अफसरों के हुए तबादले, विजय किरन आनंद को मिली कुंभ मेला प्रयागराज की अहम जिम्मेदारी

Related Posts

The stock of Mobile Global eSports triples on its Nasdaq debut

August 5, 2022August 5, 2022up18news

QuicSolv Unveils Revolutionary Invoice OCR Technology to Harmonize Cash Flow

March 20, 2024March 20, 2024up18news

Jumboking Celebrates Coca-Cola’s 138th Birthday with Special Offer Across 170 Stores

May 8, 2024May 8, 2024up18news

ADVERTISEMENT

  • Latest News
  • Comments

नंदीघोष रथ पर सवार हो भक्तों को दर्शन देने निकले श्रीजगन्नाथ भगवान, श्रद्धा से सराबोर हुआ आगरा

June 27, 2025June 27, 2025up18news

Agra News: महिला से पर्स लूटने वाले लुटेरे को पुलिस ने 24 घंटे के अंदर दबोचा, सामान बरामद

June 27, 2025June 27, 2025up18news

Agra News: अपनी ही जमीन पर अवैध कब्जे का विरोध करना परिवार को पड़ा भारी, दबंगों ने सास-बहू पर चाकू से बोला हमला

June 27, 2025June 27, 2025up18news

Agra News: नाबालिग किशोरी से दुष्कर्म, पुलिस ने 24 घंटे के अंदर आरोपी को दबोचा

June 27, 2025June 27, 2025up18news

‘जय जगन्नाथ’ के जयकारों के साथ शुरू हुई पुरी की रथ यात्रा, ज्यादा भीड़ के चलते कई श्रद्धालु घायल

June 27, 2025June 27, 2025up18news

Cover Story

“कॉलर ट्यून की विदाई: जनता की सुनवाई या थकान की जीत?”

June 27, 2025June 27, 2025up18news

6 दिन पहले प्रकाशित हुआ मेरा लेख — “कॉलर ट्यून या कलेजे पर हथौड़ा: हर बार अमिताभ क्यों? जब चेतावनी बन गई चिढ़” अमिताभ बच्चन की कोविड कॉलर ट्यून ने देश को जागरूक किया, पर समय के साथ वह झुंझलाहट में बदल गई। जनभावनाओं की अनदेखी नीतियों के विरुद्ध यह लेख देशभर में पढ़ा गया […]

लैंगिक समानता की राह में भारत की गिरावट: एक चिंताजनक संकेत

June 26, 2025June 26, 2025up18news

विश्व आर्थिक मंच (वर्ल्ड इकनॉमिक फोरम) की वैश्विक लैंगिक अंतर रिपोर्ट 2024 में भारत को 148 देशों में 131वाँ स्थान प्राप्त हुआ है। यह न केवल दो पायदान की गिरावट है, बल्कि भारत की विकास यात्रा में छुपी उस असमानता का पर्दाफाश भी करती है जिसे हम अक्सर नजरअंदाज कर देते हैं। जब पूरी दुनिया […]

नया लोकतंत्र?…जब कलम चुप हो जाए: लोकतंत्र का शोकगीत

June 25, 2025June 25, 2025up18news

दुर्घटना पीड़ितों के लिए “कैशलेस” उपचार : नीयत नेक, व्यवस्था बेकार

June 24, 2025June 24, 2025up18news

आधी आबादी, अधूरी भागीदारी: ग्लोबल जेंडर गैप इंडेक्स में भारत की गिरती साख

June 21, 2025June 21, 2025up18news

कोचिंग का क्रेडिट, स्कूल की गुमनामी: शिक्षकों के साथ यह अन्याय कब तक?

June 21, 2025June 21, 2025up18news

City/state

UP Eyes USD 1 Trillion Gau-based Rural Economy

June 26, 2025June 26, 2025up18news

New Delhi [India], June 26: A major milestone in the Gau Rashtra Yatra by the Rashtriya Gau Sevak Sangh (RGSS) was marked on 25 June 2025 in Lucknow, when Narendra Kumar, Bharat Singh Rajpurohit, and Venugopal Naidu Puvvada met Shri Shyam Bihari Gupta, Chairman of the Uttar Pradesh Gau Seva Aayog. Guided by the vision […]

Oben Electric Launches 24/7 Customer Support Helpline to Elevate EV Ownership Experience

June 25, 2025June 25, 2025up18news

With dedicated relationship managers, platinum-certified technicians, service centers at every showroom, and a comprehensive three-tier roadside assistance Bengaluru (Karnataka) [India], June 25:  In a market where EV ownership often faces scepticism due to service and support gaps, Oben Electric, an R&D driven electric motorcycle manufacturer, continues to strengthen its commitment to delivering an unparalleled EV […]

7000 Muscovites and tourists took part in International Yoga Day at VDNH

June 25, 2025June 25, 2025up18news
VNSGU - PNN

Patriotic and Heart Moving: 7 Voices Stir Hearts at Shauryagatha, an evening dedictaed to Operation Sindoor in Surat Organised by Utsav Foundation

June 25, 2025June 25, 2025up18news

India Gears Up to Lead the Billion-Dollar Global Space Order at the 4th India Space Congress

June 25, 2025June 25, 2025up18news
National

National Conference on Unity for Growth – A Collective March Towards Viksit Bharat

June 24, 2025June 24, 2025up18news

ABOUT UP18 NEWS

  • Home
  • About Us
  • Contact Us
  • Digital Editors Member

USE FULL LINK

  • Donation
  • Advertise with us
  • Privacy Policy
  • Disclaimer
  • Grievance

DOWNLOAD APP

FALLOW US AT

Subscribe to via Email

Enter your email address to subscribe to up18News and receive notifications of new posts by email.

| Theme: News Portal by Mystery Themes.
  • [email protected]
  • Contact Us
  • Advertise with us
  • Donation
  • Log In